Aim Bulletin

United Oil raises £0.5m in placing with existing shareholders

By Josh White

Date: Friday 03 Jul 2026

(Sharecast News) - United Oil & Gas said on Friday that it had raised £500,000 before expenses through a placing of 250 million new shares at 0.20p each, arranged by Tennyson Securities and backed by two existing long-term institutional shareholders.
The AIM-traded company said the proceeds would strengthen working capital as...

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